USD/MXN: Inability to cross the 17.42/17.55 hurdle would mean continuation in decline – SocGen
Mexican Peso (MXN) bucked weaker LatAm trend in the first week of 2024.
Source: fxstreet.com
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EUR/USD Forecast: Wait-and-see mode ahead of critical inflation data
The EUR/USD pair trades uneventfully around its daily opening, trading in the 1.0940 price zone ahead of Wall Street’s opening.
Source: fxstreet.com
Gold Price Forecast: XAU/USD lower lows open doors for a slide sub-$2,000
The US Dollar came under selling pressure during American trading hours, helping XAU/USD trim a good part of its early losses.
Source: fxstreet.com
crypto price today: Crypto Price Today: Bitcoin trades near $43,700; Internet Computer plunges over 7%
At 11:58 a.m., bluechip crypto tokens BTC was trading 1.2% higher at $43,660, while Ethereum was up 0.34% at $2,245. Whereas, altcoins, such as Internet Computer and Toncoin, fell 7.4% and 2.7%, respectively.
Source: indiatimes.com
EUR/USD Weekly Forecast: US Dollar firmer ahead of key inflation figure
The US Dollar kick-started the year on a strong footing, appreciating against most major rivals.
Source: fxstreet.com